Iowa § 263A.4 Bonds or notes provisions

Iowa Statutes

§ 263A.4 — Bonds or notes provisions

Iowa § 263A.4

Title VIIEDUCATION, HISTORY, AND CULTURE

Ch. 263AMEDICAL AND HOSPITAL BUILDINGS AT UNIVERSITY OF IOWA

This text of Iowa § 263A.4 (Bonds or notes provisions) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 263A.4 (2026).

Text

Such bonds or notes may bear such date or dates, may bear interest at such rate or
rates, payable semiannually, may mature at such time or times, may be in such form and
denominations, carry such registration privileges, may be payable at such place or places,
may be subject to such terms of redemption prior to maturity with or without premium,
if so stated on the face thereof, and may contain such terms and covenants, including the
establishment of reserves, all as may be provided by this chapter, section 76.17, and the
resolution of the board authorizing the issuance of the bonds or notes. In addition to the
estimated cost of construction, including site costs, the cost of the project may include
interest upon the bonds or notes during construction and for six months after the estimated

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Such bonds or notes may bear such date or dates, may bear interest at such rate or
rates, payable semiannually, may mature at such time or times, may be in such form and
denominations, carry such registration privileges, may be payable at such place or places,
may be subject to such terms of redemption prior to maturity with or without premium,
if so stated on the face thereof, and may contain such terms and covenants, including the
establishment of reserves, all as may be provided by this chapter, section 76.17, and the
resolution of the board authorizing the issuance of the bonds or notes. In addition to the
estimated cost of construction, including site costs, the cost of the project may include
interest upon the bonds or notes during construction and for six months after the estimated
completion date, the compensation of a fiscal agent or adviser, engineering, architectural,
administrative, and legal expenses and provision for contingencies. Such bonds or notes
shall be executed by the president of the state board of regents and attested by the executive
director, secretary, or other official thereof performing the duties of executive director, and
the coupons thereto attached shall be executed with the original or facsimile signatures of
said president, executive director, secretary, or other official; provided, however, that the
facsimile signature of either of such officers executing such bonds may be imprinted on
the face of the bonds in lieu of the manual signature of such officer, but at least one of the
signatures appearing on the face of each bond shall be a manual signature. Any bonds or
notes bearing the signatures of officers in office on the date of the signing thereof shall be
valid and binding for all purposes, notwithstanding that before delivery thereof any or all
such persons whose signatures appear thereon shall have ceased to be such officers. Each
such bond or note shall state upon its face the name of the institution on behalf of which it is
3 MEDICAL AND HOSPITAL BUILDINGS AT UNIVERSITY OF IOWA, §263A.7
issued, that it is payable solely and only from hospital income received by such institution
as provided in this chapter, and that it does not constitute a debt of or charge against the
state of Iowa within the meaning or application of any constitutional or statutory limitation
or provision. The issuance of such bonds or notes shall be recorded in the office of the
treasurer of the institution, and a certificate by such treasurer to this effect shall be printed
on the back of each such bond or note.